Twin Ports Accessibility Project Inc

Analysis

Twin Ports Accessibility Project Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Twin Ports Accessibility Project Inc reported income of $630k and spending of $657k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $540k to $630k (+17%), an average of +4.0% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Twin Ports Accessibility Project Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Sound Foundations NW ($630k), Menchville House Ministries ($630k) and Bithiahs Family Services ($630k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 31% of the total. Other salaries and wages came to $65k. At year end it held assets of $1.2m against liabilities of $2.3m, net assets of -$1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.